Airline industry braces for mass layoffs, furloughs

The new unemployment numbers could show the jobless claims down from its peak, but still higher than before the pandemic hit as tens of thousands of airline employees are furloughed.
2:16 | 10/01/20

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Transcript for Airline industry braces for mass layoffs, furloughs
to be released this morning. Jobless claims down from their peak but still much higher than before the crisis hit as the airline industry is laying off and furloughing tens of thousands of workers and gio Benitez is at Laguardia airport with more. Good morning, gio. Reporter: Hey, Michael, good morning. Yeah, tens of thousands are waking up this morning without a job and so many don't even know in they'll ever be able to work in this industry again. This morning, more than 40,000 airline workers are out of a job, furloughed or laid off after funding ran out at midnight. Past October 1st my future is a big black hole. Reporter: Annette flew her last night a week ago. I have my dream job so I was asking what do you do when you lose your dream job? Where do you go from there? I don't have and the right now. Reporter: Thousands of other flight attendants will be on reserve but not getting a regular paycheck. Back in March the airlines received $25 billion from the U.S. Government. Now they're asking congress for 25 billion more. Nick caleo, which represents the major airlines. To those sitting at home saying I don't plan on traveling soon, why should I care ask what would you tell them? We power the economy, there's significant reductions in service that affect so many communities, medium size and large as well. When our people lose the job down the line there are others who support the industry that also lose their jobs. Reporter: It may not be harder for you to find certain flights. Some small airports won't is any commercial flights at all. American alone is canceling flights to at least 11 American cities and it's unclear if this means some flights will be more crowded. This might be it. There's no guarantees in the future that we will, you know, able to come back that I would be able to continue to do this. Reporter: And the recovery won't be easy. Air travel is still down about 70% compared to last year, in fact, we may not see pre-pandemic numbers until 2024, George. Pretty quiet airport before you. Now to that breaking news

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